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About Nitches
From its filings with the US Securities and Exchange Commission
Nitches is based in Las Vegas, Nevada and is incorporated in Nevada. Its shares trade on OTC under the ticker NICH. The SEC classifies its business as women's, misses': and juniors outerwear. In the fiscal year to 31 August 2024, it reported revenue of $4,830 and a net loss of $2.8m. At that date it held total assets of $64,159 and shareholders' equity of −$2.3m.
The Company was founded with the name, Beeba’s Creations, Inc., originally as a California corporation and was a wholesale importer and distributor of clothing, home décor and tabletop products it manufactured under its own specifications and distributed in the United States under its own brand labels and other retailer-owned private labels. It changed its name to Nitches, Inc. in 1995 and the Company moved jurisdiction to Nevada in 2008.
On November 5, 2020, International Ventures Society, LLC, a Nevada limited liability company, was appointed custodian of the Company pursuant to an Order of District Court of Clark County, Nevada. On November 6, the Company adopted amended Articles of Incorporation, which created the 2020 Series A Preferred Stock, with one share authorized. This one share effectively controls the Company by representing no less than 60% of all combined votes of Common and Preferred Stock at any time and was issued to International Ventures Society LLC on the same day.
On December 16, 2020, International Ventures Society, LLC sold the one outstanding share of 2020 Series A Preferred Stock to Accelerate Global Market Solutions, a change of control transaction that resulted in John Morgan becoming CEO and launching the Company’s new business plan.
Quoted from its 10-K, filed 16 Sept 2025. Read the filing on SEC.gov ↗
Company facts
- Sector
- Consumer Discretionary
- Industry
- Textiles, Apparel & Luxury Goods
- Listed since
- 18 Sept 1985
- Employees
- 80
- Website
- nitchescorp.com ↗
- Head office
- 1333 N. BUFFALO DR., LAS VEGAS, NV, 89128
- Incorporated in
- NV
- Classification
- Women's, Misses': and Juniors Outerwear
- Filer status
- Non-accelerated filer<br>Smaller reporting company
Leadership
Pay as last reported
- Mr. John MorganChief Executive Officer, Director, since 2021$320,000
- Mr. Ahsan ZebChief Technology Officer$42,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Nitches Inc operates in the Textiles, Apparel & Luxury Goods sector with a focus on high-end luxury brands.
- The company has a diversified business model including merchandise creation, manufacturing, and technology for intellectual property protection.
- Nitches Inc is headquartered in Las Vegas, Nevada, with an established presence since 1985.
Weaknesses
- The company has only 80 employees, which may limit its operational capacity.
- Nitches Inc's business model relies on partnerships with other brands, which could introduce dependency risks.
- The company's focus on luxury goods may restrict market reach to a niche audience.
Opportunities
- Growing demand for sustainable products presents an opportunity for Nitches Inc to expand its offerings.
- The company's technology for preventing counterfeiting could be leveraged to enhance brand protection in the luxury market.
- Partnerships with influencers and celebrities may drive further market expansion and brand visibility.
Threats
- The luxury goods market is highly competitive, potentially impacting Nitches Inc's market share.
- Counterfeiting remains a significant threat to luxury brands, despite the company's technology.
- Economic downturns could reduce consumer spending on high-end apparel and collectibles.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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